Cybage’s Deepak Nathani buys 25% stake in Ethosh

Nathani, who is also the founder of Pune-based technology company Relfor Labs, said he will work closely with the founders to mentor them and grow the firm.Priyanka Sangani | ET Bureau | January 20, 2017, 11:17 IST

Nathani, who is also the founder of Pune-based technology company Relfor Labs, said he will work closely with the founders to mentor them and grow the firm.

“Ethosh is a unique company in the digital space and does advanced videos for marketing and e-learning,” he said. Set up in 2011by Rahul Deshpande and Jitendra Dahale, Ethosh plans to use the funding to expand its presence across the US, Europe and India.

“We plan to accelerate our growth and bring more innovative solutions to our customers with this fund infusion,” said Deshpande, managing director of Ethosh.

This is the second investment Nathani has made after Demyto, another Pune-based startup that offers car servicing as well as allied products, through its web-based platform. He said he will like to focus on investing in Pune-based companies, which had been operational for some years and where he can go beyond just making an investment, by playing a more active role in helping them grow.